This week in LWIB, an update on Madoff and the Mets and is the annual bleating in the media over postseason start/finish times justified? MADOFF AND THE METS UPDATE It will soon be a year since the SEC charged Bernie Madoff with operating a Ponzi scheme.  Subsequent to the charges it was soon revealed that New York Mets owner Fred Wilpon had been a Madoff investor for forty years.  Determining the extent of the losses suffered by Mr. Wilpon either personally or via his investment company “Sterling Equities” and how (or if) this will impact the Mets has since been a sport unto itself.  Erin Arvedlund reported in her book, Too Good to be True: The Rise and Fall of Bernie Madoff, that a sale of the Mets was a matter of when, not if. The Wilpons have repeatedly and steadfastly denied that their investments with Mr. Madoff will affect the Mets.  However, that has not quelled the speculation.  Some wonder if there was a connection between the Mets aggressive behaviour (signing K Rod) in the early part of last season’s free agent market and their subsequent inactivity following the fall of Mr. Madoff.  (The Mets did have the second highest payroll in MLB last season).  Also curious to some were the relatively small amount of money the Mets spent in the 2009 amateur draft (although they are not traditionally big spenders in the draft) and the cancellation of their fall instructional league program.  (The Mets counter that instead they opted to send prospects to a better program at their instructional facility in the Dominican Republic) Select Read More to see the rest of the Madoff and Mets update, as well as whether postseason games end too late